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Amazon on Wednesday sent out an invitation to announce a new device on June 18 in Seattle. The e-commerce giant posted the invite on Twitter and on Google’s YouTube. Just what will the device be? Here are your predictions.

Amazon founder and Chief Executive Jeff Bezos will be there, according to an Amazon site where one can request an invitation. Amazon shares were up a fraction after hours.

Apple is expected to unveil a smaller, cheaper iPad at an event on Tuesday. Follow a live blog from MarketWatch here.

12:52 pm (EDT)

Media are filling the California Theater in downtown San Jose, Calif., for Apple's latest. Last time the company did something here was about eight years ago, when then-CEO Steve Jobs introduced a special iPod with the band U2.

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